KK Fund backs founders with an ‘unfair advantage’, says founder Saito

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KK Fund counts Taizo Son’s Mistletoe and Incubate Fund among LPs for its second vehicle, a $20m fund.

India: Samunnati raises $24m from responsAbility Investments, others

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Existing investors Accel Partners and Elevar Equity also joined the round


Singapore: TNB Aura Fund 1 reaches first close, targets hard cap of $22.5m

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The Southeast Asia-focused fund was launched in 2016 by TNB Ventures and Australia’s Aura Group with a target of about $50 million. 


Exclusive: SG-based job matching portal GrabJobs to raise $3.75m Series A by mid-2018

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GrabJobs plans to use the funds to double its team size in existing markets and fuel expansion to other Southeast Asian countries.


Baidu partners SG’s Asia Mobility Industries to launch $200m venture fund

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They have also formed a JV to invest in autonomous driving and intelligent transportation.


Singapore VC Sirius, Dutch SLJ inject $600K funding in Israel’s Hargol FoodTech

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Hargol FoodTech is an Israeli startup that pioneered sustainable grasshopper farming to yield consumable protein. It plans to use the latest funding to increase production capacity to solidify its position as a global provider of alternative protein.


HK-based AlphaConcepts raises $200k in seed round

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Four angel investors, from tech and finance industry in Hong Kong, participated in the round.


Alibaba Taiwan Entrepreneurs Fund leads $2.75m investment in Citiesocial

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The $32-million Taiwan Entrepreneur Fund, announced by Alibaba founder Jack Ma in 2015, invests in Taiwanese startups.


Indian technology startups record $9.4b in investments in Jan-Sep 2017

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E-commerce continues to draw the most funding with $2.66 billion; fintech firms stood a distant second with just $151 million.


Japan: Tech startups Megakaryo, Every, Base & Cognitee raise funding

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Megakaryon Corporation, Every, Base and Cognitee, technology businesses based in Tokyo, have raised funding for further growth.